Michigan Chamber Of Commerce Calls On Congress To Pass Marijuana Banking Bill, Citing Raft Of Retail Break-Ins

The Michigan Chamber of Commerce is calling on congressional lawmakers to pass the Secure and Fair Enforcement Regulation (SAFER) Banking Act after recent break-ins at cannabis retailers in the state. 

The group said passing of the legislation would reduce the risks of theft and fraud that stem from the industry’s current reliance on cash, and would remove the threat of penalties facing banks that work with state-legal businesses.

Read more: https://www.marijuanamoment.net/michigan-chamber-of-commerce-calls-on-congress-to-pass-marijuana-banking-bill-citing-raft-of-retail-break-ins/?